Standard & Poor's Underlying Rating

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Standard & Poor's Underlying Rating

The bond rating system used by Standard & Poor's to rate municipal bonds. It attaches a rating to municipalities' creditworthiness, regardless of the creditworthiness of any guarantor or insurer. S&P provides SPURs to municipalities that request them; it may also provide an amended statement of creditworthiness if a bond is insured. However, it is important to note that a SPUR only rates the underlying bond.
References in periodicals archive ?
Local scour around the spur dike foundations failure spur dikes.
If you're not lucky enough to be one of our winners why not visit Spur where their Kids' Birthday Combo packs include a yummy Spur Kids' Meal, bottomless soda and a dessert for only pounds 6.
The Flying Spur will be built alongside the GT at Bentley's Crewe, England, facility, though some production could be shifted to VW's Phaeton factory in Dresden, Germany, to meet expected demand.
We are honored to be a part of this innovative campaign with The Spur Group," said Victoria Helm, Executive Director of NW Children's Fund.
He previously won four Spur Awards for adult and juvenile novels and a short story.
Spur is committed to use its extensive network and experience to introduce new products and services to its Chinese customers by bundling them with those currently being marketed by the Ag Franchise Group.
The Silver Spur, on which the Flying Spur is based, is the model that attracts the highest number of new owners to the company around the world.
Environmental Protection Agency; Spur Industries ST:
As a result of various approaches from potential partners, the Directors of Spur have decided to expand and pursue the search for a joint venture partner.
Jacobs"), of Lakeland, Florida, who prepared Spur's initial feasibility study for the Yichang project, has been commissioned by Spur to examine project implementation and reconfiguration alternatives.
Spur Incentives, the first Costa Rican destination management company (DMC) to open an office in the U.